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Search Results 0 to 49 of about 95 (some duplicates have been removed)
FOX News
Dec 5, 2012 6:00pm PST
this week president obama issued a very stern warning to assad that if, in fact, he used chemical weapons on his own people, he would be held accountable. now we're going to continue to follow the breaking developments out of the region, but first tonight, urgent developments on the fiscal cliff show down. tim guy ne geithner announced of of the white house that we would, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthy. >> all right. it appears the very definition of the american dream is now being rewritten by president barack obama. now, today our commander-in-chief publicly said he's not going to play games with the fiscal cliff, but that is just not reality. right now the presiden
MSNBC
Dec 4, 2012 9:00am PST
through economic growth, if you grew at 4% a year, reagan levels, instead of 2%, french levels or obama levels, you would net $5 trillion in additional revenue to the government, you could pay down all of obama's additional debt by higher levels of growth, not raising taxes. so there's a lot of money to be gotten from growth. how they do this, we have to see it written down, but because the obama administration and spokesmen have been so emphatic about all taxes and no spending restraint, all taxes and actually spend -- another stimulus, another solyndra stimulus program -- >> i don't think they've mentioned solyndra, grover, but i'm sure they appreciate your mentioning of it. >> they didn't? the whole idea of additional spending rather than spending restrictions -- they could save money by not continuing world war ii as well. so the obama administration is so far out there, that what the republicans are doing is pointing out how reasonable they are, taking bowles' idea, i see he's playing democrat partisan today -- >> part of that is actually putting revenue on the table which speaker
FOX News
Dec 1, 2012 8:00pm PST
's big tax hikes, companies and investors are cashing out. including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over the last couple of weeks. the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal c
MSNBC
Dec 1, 2012 12:00am PST
. republicans say they are laughing at president obama's fiscal cliff offer. i'll show you how they are really crying. this is "the ed show." let's get to work. >> there are no shortage of pens in the white house. and i carry one around for emergency just in case. just waiting for the chance to use it to sign the bill to make sure people's taxes don't go up. >> the adult in the room continues his campaign to cut taxes for the middle class and john boehner keeps shooting spit balls. the latest on the stalemate and the democrat's upper hand. >>> mitch mcconnell gets ridiculous with his demands to weaken medicare. one of the architects of obama care responds tonight. >>> house republicans pass an immigration. bill democrats say is divisive and inferior. tonight, congressman javier pasara on why the latino community won't. be fooled. >>> the first fast food strike is historic. what you need to know about the lowest-paid workforce in the country. good to have you with us. thanks for watching. president obama knows his opponent is on the ropes and he's not letting up. the president took his tax plan
FOX News
Dec 6, 2012 2:00pm PST
still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we don't go off the fiscal cliff? we are about sequestration later and do the game with the tax hike and spending cuts. we have the same thing? $20 trillion in the hole in four years, 25 trillion in nine years. nothing will change. this place is bankrupt. >> greg: president obama is obsessed with the 2%. like the crazy stalker breaking in david letterman's help. he hates the rich. it is not going to end. in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right. they give money to philharmonic. >> greg: without rich peopl people, there would be no government. >> bob: a deal is worked out as we speak. there will be a deal and include some increase. maybe not the
MSNBC
Nov 29, 2012 1:00am PST
obama responded in a prime time address to the nation. he asked the american people to get involved in that fight he was having with the republicans. he asked the american people to get involved directly. >> the american people may have voted for divided government but they didn't vote for a dysfunctional government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an alert went out to members of congress that if they were expecting any really important phone calls they should try using a different phone. if you tried to visit the websites for john boehner or michele bachmann after the president's call to action, you just got a server to busy message. >>> last year
FOX News
Nov 30, 2012 2:00pm PST
to go over so-called fiscal cliff and president obama is still in campaign mode. in hatfield, pennsylvania, the president was demonizing republicans -- shocker. meanwhile, house speaker john boehner seems willing to negotiate, as long as it's in good faith. >> it's not acceptable to me and i don't think it's accept to believe you for a handful of republicans in congress to hold middle class tax cuts hostage because they don't want tax rates on upper income folks to go up. >> let's not kid ourselves. i'm willing to move forward in good faith. our original framework still stands. >> andrea: the republican leader mitch mcconnell said he burst in laughter when tim geithner outlined the president's plan. what's next? rush limbaugh and charles krauthammer want republicans to walk away and let obama own the mess. >> the best thing to do is back out of this and let obama and democrats have it and do what you want to do. that will happen anyway. i don't know about you, i don't want my fingerprints on this. >> this is almost unheard of. what do they expect? they think the republicans w
MSNBC
Nov 29, 2012 5:00pm PST
. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real s
FOX News
Nov 28, 2012 6:00pm PST
. here's what you, president obama, what you said about your predecessor. >> the way bush has done the last eight years, take out a credit card from the bank of china, in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, number 43 added $4 trillion by his lonesome, so we now have over $9 trillion of debt we have to pay back. $30,000 for every man, woman and child. that's irresponsible. that's unpatriotic. >> sean: $4 trillion, his lonesome? you've given us $6 trillion. by the way, that $4 trillion was in eight years, not four. unpatriotic? that was when the debt was only $9 trillion. nowadays we're looking at $16.3 trillion. thanks to the tax and spend agenda of president obama there's no end in sight. if he's serious about tackling the debt, he'd be talking about reining in spending, but he's hell-bent on one thing, raising your taxes. by the way, don't dare thing for one minute, or believe the hype, that this is only going to affect the so-called rich. this white house is willing to put any and all tax breaks on the table, includ
FOX News
Nov 29, 2012 6:00pm PST
would president obama want to put her out there if she has confirmation hearings? they'd gotten away with the lies and cover-up. the mainstream media ignored it and moved on. people not only are going to ask about benghazi, who told you to do this, why are you and not secretary clinton go out? now they're going to talk about the bombings in east africa in 1998. to me it's political suicide. it will cost too much political leverage that obama needs to spend elsewhere. >> sean: what are we to make of this? especially when i look at the words used prior to these embassy bombings, richmond, what do i see? the embassy was warned. washington, quote, was alerted to the embassy's extreme vulnerability and called for assistance. i mean, so very similar to benghazi, and assistance denied again. >> well, in both cases assistance was denied. i think in the august 7th, 1998 bombings, which killed 228 people, and injured more than 4,000 bombings, including two u.s. diplomats. the benghazi attack involved almost 100 people. some of them wearing after fan clothes, according to libyan intelligence, u
FOX Business
Nov 29, 2012 6:00pm EST
tomorrow. here comes. >> hello, everybody. we begin tonight with breaking news. president obama is upping the ante in the delicate fiscal of talk. confirming today the white house making no concessions with republicans and taking a hard line on new taxes. the latest proposal includes over one half trillion dollars tax increase, double the republicans want, and it wanted up-front. also $50 billion in new stimulus spending. they want to raise the federal debt limit without congressional approval. no spending let's. the brakes are off. with more on this, the ag holds 18, president of american action far and former cbo director. welcome to you both. i just want to mention a couple of other things that are in this proposal which frankly shocked me. the payroll tax break continues. we have bipartisan agreement that it would expire. and then a permanent increase in the debt limit. we said that. a one-year extension of expanded jobless benefits. the list goes on and on. it's like a christmas tree. >> i think it's very unfortunate there was a moment not too long ago when we thought there was a fai
FOX News
Dec 6, 2012 3:00pm PST
on the heart strings as if he were back on the campaign trail, president obama visited middle class family in virginia. >> a couple of thousand dollars means a couple months' rent for this family. >> once again, he was trying to frame the battle oaf the fiscal cliff as being all about taxes. with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. that is good for the american economy. >> republicans believe the reason the president is going light on spending cuts and demanding the budget deal include another increase in the nation's debt ceiling is clear. >> this isn't about getting a handle on the deficits or debt for him. it's about spending even more than he already has. >> white house aides reject republican claims that holding the debt limit over the president head is the only mechanism to get him to trim spending. >> you are going to keep the debt limit goes higher and you're spending money. you an
FOX News
Nov 29, 2012 2:00pm PST
the best. feel better. our prayers and our hearts go out. keep you up to date on the story. president obama had an interesting lunch today. governor romney spent an hour or so at 1600 pennsylvania avenue we check it out and found the practice is pretty darn common. look at the pictures. president obama with john mccain in 2008. bush and clinton in '92. bush and dukakis in '88. carter and reagan in 198. oddly enough, though, bob there was one loser we couldn't find. turns out mondale, '84, lost to reagan. no pictures. what happened? >> bob: we didn't like to menu dand sided not to go. we expected an invitation and never got one. we did. >> eric: c'mon. >> eric: never got an invitation. i went through every president in 1980 -- >> bob: you think we snuck in the backdoor? we would have gone and got a picture. >> eric: i saw reagan and carter. >> bob: what do you think happen? >> brian: i hear they should have got together but reagan never liked carter. >> bob: never. >> brian: that stayed true. cart and ford got to be good friends but not until reagan was in office. >> eric: what do you think?
FOX News
Dec 5, 2012 10:00pm PST
crisis in syria a little later on. first, tonight treasure secretary geithner saying the obama administration is absolutely ready to go over the fiscal cliff. >> what we got today was a assemble nar on hoaseminar on h. >> the vast majority of the media is on his side. no matter what he says, no matter what he does, even though what he's doing is outrageous, but his own party won't support him. >> the republicans have conceded the language. >> we could probably solve this in about a week. it's not that tough. >> it was week. >> president obama has said that he has pen in hand and he's prepared to sign the middle income tax cuts. >> you have a president of the united states that has the mighty pen. you bailed out the banks. bail out the american people that don't have homes for the holidays. >> in his second term i hope he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obama won reelection and i congratulate him on his victory, but o
MSNBC
Dec 3, 2012 11:00am PST
. we're following developing news right now. president obama is taking to twitter right now, part of the intensifying push by the white house to get public opinion on their side over negotiations against house republicans on the so-called fiscal cliff. the president himself tweeted out plans for the q and a a short time ago saying he'll answer questions about the cliff, his proposal and pending tax hikes on the official white house twitter feed. press secretary jay carney insisted the white house is still optimistic it can reach a deal with congressional republicans. >> there has been progress, and we can achieve a bipartisan agreement. the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2%. >> and there are just 29 days to go for the two parties to find some sort of middle ground, and joining me now from the white house nbc news correspondent kristen welker. what's the back story on this it twitter q and a for the president, which should start
FOX News
Dec 3, 2012 10:00am PST
obama has been working on a climate plan, and lou dobbs helps us look at how widely this likely this is and whether there are alternatives after the break. >> this is why more than anything else obama needs to be defeated and these people need t to be thrown out of office [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] can't find theraflu? try alka-seltzer plus for fast, liquid, cold, and flu relief. megyn: as washington fights over taxes and spending, it dominates the headlines and we are getting a report on the potential climate deal that could have an impact on our economy. talks are going on about a climate treaty that could supersede current u.s. laws in some ways and im
CNN
Nov 28, 2012 9:00pm PST
the crisis sooner rather than later. >> should the rich just pay more? i'll ask former officials in the obama office. plus, raising taxes. >>> and tavis smiley, he is on a crusade. >> you can't have 1% of the people who own and control more wealth than the other 99% of the population. >> this is "piers morgan tonight." good evening, our big story tonight is really big, $550 million worth of money, powerball. you probably heard your odds of winning are one in 175 million, 223,000, 500 million in ten. and you are more likely to be crushed by a vending machine as you shake loose a candy bar. the odds of that, more than just 112 million. and many people, most of my staff included have bought tickets by the bucketload tonight. joining me now, this could be the quickest way to ruining your life. dave ramsey, the host of "the dave ramsey show" welcome. >> thank you piers, good to be with you. >> on the face of it. a good bit of fun everybody can hope and dream, what is wrong with that? >> well, the problem is several things. one is false hope, because as you said in your open analysis, you are more
FOX News
Dec 4, 2012 10:00pm PST
coronation, obama the king. he's acting in many ways like he is anointed. all right. thank you, brian maloney. radio equalizer. appreciate you being with us. >> thank you, sean. >> sean: let not your heart be troubled. why, because greta has a great show. she's standing by to go on the record. an cowann co coulter and newt gh are among the guests. greta, take it away. >> this is a fox news alert. those are protests outside egypt's presidential palace and they're turning violent. more than 100,000 protesters clashing with police. protesters calling it their last warning to the new egyptian president. president morsi fleeing the pals in the middle of this chaos. grn record jacob lippencot is in cairo with the latest. what's going on? >> reporter: the violence tonight was relatively claim between anti-morsi protesters and police over the last few years. the crowds were huge and demonstrate once again the ability of the opposition secularists and the ruling islamists to bring out huge crowds of supporters. two days ago a peaceful islamist protest shuf shut down the supre court. it
FOX News
Dec 5, 2012 4:00pm PST
. chemical weapons against his own people and president obama has said if that happens, there will be consequences. tonight, the concerns and the reality inside syria. this military man lost custody of his little girl when his foreign wife divorced him and left the country. >> i just literally had about 20 minutes to say goodbye to my daughter. >> harris: now, the supreme court taking a case that could mean a lot for military families. plus, dogs, learning how to drive cars. shifting. >> good boy. >> steering. >> good. >> accelerating. cats of the world consider yourselves warned. i'm harris faulkner in tonight for shepard smith. we are learning u.s. forces could soon be headed to the syrian border. their mission part of nato's plan to put patriot missiles at the line between turkey and syria. those patriots are designed to intercept any potential missiles coming from syria. and defense officials say any country that sends its equipment is likely to send their own troops to operate it we're told no one has signed deployment orders officially just yet. it's almost certai
MSNBC
Dec 1, 2012 11:00am PST
obama also pushed away republican senator orrin hatch called his proposal, radical. >> it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the we weltmist americans. >> what he proposed this week is a classic bait and switch on the american people. a tax increase doubled the size of what he campaigned on. >> joining me now nbc news white house correspondent mike viqueira. mike, let's talk about this thing. this is the time the lawmakers are breaking out the rule book to find some tricks. how does pelosi think she can force a vote on middle class tax cuts? >> it's funny, craig, the president visited the tinker toy factory yesterday but he's not playing around, that is for certain. his opening bid delivered by tim geithner the treasury secretary on thursday up on the hill was such a one-way document as far as republicans were concerned that the republican leader of the senate broke out in a burst of laughter when he saw $1.6 trillion in new revenues, principally from taxes on the wealthiest americans.
FOX Business
Nov 29, 2012 9:20am EST
& company" got right. the obama team wants to raise tax now, promises of entitlement reform later and ignore the debt. that's the fiscal cliff deal of the day and the market likes it and the numbers are 5, 16, 22, 23, 29, and the powerball is 6. you lost. the government won. "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, . . >> . stuart: it's a modern day tea party. it's a revolt led by corporations. the wall street journal reports 173 companies announced they'll pay special dividends for shareholders before the end of the year because a big tax increase on dividends could be coming next year and many companies moving up regular dividends to save their taxpayers, to save taxpayers a lot of money. start with disney. it's raising its dividend and paying it out on december 28th. that's 1.3 billion dollars paid out in total, paid out under the current tax rate. and las vegas sands paying a special dividend, that's a o
FOX News
Nov 29, 2012 6:00am PST
might be stuck. a senior administration official told us that president obama and john boehner had a phone wallace night and politico was reporting that the phone call was curt. they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make m
FOX News
Dec 4, 2012 6:00am PST
obama. the different in dollars. the president wants $800 billion more in tax increases. the republicans want approximately more a trillion dollars more spending cuts. that's the difference between the two sides just in dollar terms. there is a difference between the two sides in terms of principle. the principle centers on higher tax rates, yes or no. speaker boehner many latest offer is raise $800 billion mostly from the wealthy by limiting deductions. the president says, no, don't want that. we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the rich. he want to win the debate. whether it's the best solutioner to the economy is an entirely different story. this is a political and ideological argument and we'll see who wins. martha: there is a couple wa
MSNBC
Nov 29, 2012 6:00pm PST
the president. is the white house trying to show the american people that president obama knocked mitt romney out in this election? did they do this on purpose? we'll never know. but maybe louie gohmert can help us out. that's "the ed show." i'm ed schultz. "the rachel maddow show" starts right now. good evening, rachel. >>> we will know that is the case if we find some kind of mexican wrestling mask in the next pete sousa photo from the white house. then we'll know they're sending a message. >> thanks, raching. >> thanks to you at home for joining us this hour. okay. last year in the former soviet republic of georgia, which to refresh your memory is here sort of wedged into a port of the world called eurasia, in his struggling young nation of georgia, a 75-year-old grandmother was out looking for scrap metal and she happened by some dark miracle she happened upon the cable that connects much of that region to the outside world. the cable that she found when she was looking for scrap metal happened to carry the internet. the whole internet service for that whole part of the world. and because
MSNBC
Dec 3, 2012 7:00am PST
the gop to negotiate, obama ends giving in. and peter baker writes that president obama has emerged kind of a different style of negotiator in the past week or two, sticking to the liberal line, frustrating the republicans clearly. this is a strategy his base might like but i'm wondering will it make him a better deal maker? >> it just may mean that republicans ultimately give him close to what he wants on raising tax rates on the top 2%. president obama has been very clear, he was all the way through the campaign that he would not give in on that. so that's i think what's important now. republicans don't like a lot of what was in the white house's opening offer. they dictate the $50 billion stimulus that was in the offer as a slap in the face. some of these little things we'll see taken out of file deal. >> to that point here's john boehner talking about when he saw that opening offer. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. you know, we got seven weeks between election day and the end the year. and three of those weeks
MSNBC
Dec 3, 2012 1:00pm PST
in the real world. consider what we're thinking about, what we're talking about right now. obama, who won the election with an overwhelming electoral college mandate has put forward exactly what he campaigned on, which is sensible tax reform allowing the top 2% of the tax -- of rates to increase on the top 2% of tax earners and spending cuts. we've had a trillion in spending cuts already, $800 billion additional in the drawdown from the war efforts in afghanistan and iraq, and then a number of spending proposals that obama put on the table in august of '11. consider that against what republicans are doing, and this shows that republicans are really chicken hawks when it comes to reducing the debt. they have a plan on tax reduction which most economists think would do far more harm than the obama plan would. secondly, they fail to specify what kind of cuts they want. remember, this is the party that's campaigned for two election cycles now on cutting government spinding, but when you ask them to identify exactly what you want to cut, you get mishmash from them. you get $100 billion in medi
CNN
Nov 29, 2012 1:00pm PST
as president obama and congressional republicans accuse each other of pushing the country closer and closer to the so-called fiscal cliff. we're also getting new details right now about what happened today when mitt romney had lunch with president obama over at the white house. and in the middle east, joy and flag waving because of an impending decision at the united nations. i'll ask israel's ambassador to the united states why he thinks -- why his country thinks the u.n.'s possibly interaction is a bad idea. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's hard words in the negotiations to avoid the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >>
CNN
Dec 1, 2012 6:30am PST
. for four years the gop blasted the obama economy. he made it worse, they said. his policies were ruinous. the recovery wasn't too slow because of the severity of the financial crisis, no, it was because of the man at the top. three reasons now why every day that argument by the gop is harder to make. first, the economy is picking up speed. gross domestic product, the broadest measure of the u.s. economy grew 2.7% in the third quarter, much better than the 2% originally report. next, housing is healing. home prices jumped 3.6% in the third quarter, the biggest year-over-year increase in more than two years, according to the s&p case schiller index and energy is booming. new drilling methods are generating jobs and growth. 1.7 million jobs created, 2.5 million jobs creed up over the next year and added up americans see better times ahead, why consume are confidence is at a four-year high. i know, i know, i know. it's not strong nup enough, i agree. it's fragile, you're right. just this week the organization for economic development downgraded its economic forecast and we need to make sure
FOX News
Dec 4, 2012 10:00am PST
to this, these taxes you and i were just discussing. >> yeah. and that's a crucial point, because obama has repeatedly said he wants to go back to clinton era rates, but that ignores this new surtax at the beginning of the year. if they take the top rate from 35 to 39.6, it'll actually be 43.4 on investment income because we'll have that additional surtax on top of that. so dividends, for instance, which are 15 now could be going all the way to 43.4 which could have a very negative impact on the stock market. megyn: so right now if you make money off dividends, which a lot of folks do. you know, it's not just the super rich who get dividend income from their stock investments, right now you pay a 15% tax on that, and president obama wants to change that to you should get taxed on that income as though it's your actual, like, salary. and if that, if he gets his way on that, then that income goes up to whatever your salary tax rate is, plus if you're over 200 or 250, the 3.8%, plus the .9% as well? >> >> it would be just the 3.8. the% 9 is for wage income above that 200 or 250. but it wou
FOX News
Nov 29, 2012 10:00am PST
the perfect storm. you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high. the nra reports that over the last four o or five years there's been an exponential increase in women participating in safety classes, licensing programs and women-only hunting programs. some women feel safer just knowing how to use guns. >> i felt like if we were going to have guns in the home, that i should know how the handle them, know if it's loaded, you know? i mean, there's going to be guns in the house, i can't have something that i'm afraid of and don't know what to -- you know, it's dangerous. so i took a class, and i found that i really enjoyed it. >> reporter: and she even knows
MSNBC
Nov 29, 2012 3:00am PST
. some developing news this morning. "politico" hassen e an exclusiv report that president obama and representative boehner had a "curt" telephone conversation. speak speaker boehner says he wants to move his position on tax rates but the president won't budge. he told him, if he has an alternative plan, he ought to put that forward rather than focusing on entitlements. the white house will send tim geithner to capitol hill for a meeting. yesterday the president met with ceos including at&t, goldman sachs, coca-cola and caterpillar, many of whom said after the meeting they emerged hopeful a deal could be struck to avoid the fiscal cliff. in another meeting with middle-class americans, president obama said he believes the framework for a deal could be in place before christmas. >> and i'll go anywhere, and i'll do whatever it takes to get this done. it's too important for washington to screw this up. now's the time for us to work on what we all agree to, which is let's keep middle-class taxes low. that's what our economy needs. that's what the american people deserve. >> white hou
FOX News
Dec 2, 2012 8:00am PST
comprehensive report. >> jamie: thank you. >> eric: president obama hit the road on friday to try to sell his plan to the american people. but is that his -- is that what needed to make a deal? bring in max schlapp, political director under president bush. former democratic congressman from texas, martin frost. matt and martin, welcome sunday morning. good to see you. matt, let me start with you. what do they need, because they are not there now, to get to the point they need to make a deal? >> they have time to pull a deal together. the real concern here is that president obama is drawing lines in the sand. some of the lines might not be able to be crossed by the republicans. that gets people increasingly worried that an overall deal can't be reached. hard to imagine in the short-term before cliff by the end of the year, they can't do something to bridge this in to a conversation next year. but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain ca
FOX Business
Nov 29, 2012 1:00pm EST
the two sides still sounded miles apart after talking to president obama last night for 15 minutes and meeting with secretary geithner for more than half an hour. john boehner said the two sides have made no progress on a deal. he wants to see more spending cuts from the democrats, but the democrats punch back and said it is republicans who aren't making any serious offer on more tax revenues. >> so right now all eyes on the white house. the country does not need a victory lap, it needs leadership. tell the american people with spending cuts they are willing to make. >> if it happened, it will be under the leadership of the house. for a balanced agreement, we need republicans to come forward with something. >> speaker john boehner said this is a moment for adult leadership, a stab at the president there. melissa: my goodness. i understand mitt romney is coming to the white house for that lunch. i don't know, what is everybody expect to come from that? >> the president said the president wanted to talk to governor romney about ideas to make it more efficient. praising the management
FOX Business
Dec 5, 2012 9:00pm EST
bailout from president obama. that is what some in detroit say they deserve for helping reelect their commander-in-chief. the city on the brink of financial collapse and will soon lay off thousands ofity workers to pay off bills. the total outstanding debt is more than a billn dollars. that is according to mdy's investor services. joann watson city councilmember, her comments are sparking controversy. she claims the president owes the city another bailout because they voted them into office. >> he went to washington dc and he came back home with some bacon. that is what you do. that is what you do. are people overwhelmingly supported him in the election. not just at, buthy not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the abor policy director for the mackic center for labor policy. tell me what it is you're trying to do wi t
FOX News
Nov 30, 2012 6:00am PST
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
MSNBC
Dec 4, 2012 1:00pm PST
of hirs campaign. he thinks he won it. >> president obama has been re-elected. >> to get a deal done, you're going to have to have higher tax rates on the top 2%. >> the one thing the republicans have going for them is they're leaning on erskine bowles. >> i heard what you were saying. you know nothing of my work. you mean my whole fallacy is wrong. >> i'm happy to be flexible. i recognize i'm not going to get 100%. ♪ >> it certainly 'tis the season and whether you're counting the days to the fiscal cliff, the debt ceiling, christmas day, or judgment day, there's much to do and not much time to do it. as for us, we're counting down the minutes to house speaker john boehner who will be lighting the capitol christmas tree 234 just about an hour. if you're among the wealthiest of americans, then, boy, does boehner have a gift wrapped for you. in republicans' counteroffer to avert the fiscal cliff, the rich get to keep their bush era tax cuts, even as the boehner budget slashes $1.2 trillion in spending, half of it from medicare, medicaid, and other social programs. it is a lump of coal del
FOX Business
Nov 29, 2012 11:00am EST
president obama and john boehner spoke for 15 minutes last night. i just bumped into a senior leader among senate democrats and asked him how he felt about this news and he said -- he was more optimistic about these negotiations today. he thought perhaps this man the speaker and the president were exchanging proposals on avoiding the fiscal cliff, john boehner has a press conference at 11:30 after his meeting with tim geithner. connell: we will speak with -- see what the speaker has to say. with all this back and forth, a decent amount of speculation that a deal is starting to take shape. look at the reporting from politico and they put numbers to its save a framework looks like this. taxes for revenue would rise by $1.2 trillion. families making them to $50,000 would see higher taxes which we have been expecting and entitlement programs would be cut by $400 billion, most coming for medicare and, quote, end of war savings peter barnes and others reported many times as being dubious because they counted the previous budget you have another trillion plus in cuts. that according to politico i
FOX News
Dec 6, 2012 10:00am PST
get appointed -- megyn: and she's one of the top ten bundlers for president obama. >> and i have to tell you, i've had wide experience with political appointees -- true, mostly republicans -- and they've been very effective. i would not underestimate how important it is overseas to have somebody who knows the president personally, who could call the president if they needed to. and here's the really important thing, who cares first and foremost about the president's policy. not about what the bureaucracy at the state department wants, but about the president's policy. i'm not saying anna wintour's going to do all that -- megyn: right. >> but that is important. megyn: what does that person do? if you become the boord to the u.k., what do you do? >> well, that is one of the hardest posts because london is so close to washington that people go over all the time. there's a lot of direct phone communication. and it really is typical of embassies around the world. it's very different than 200 years ago when you got on a ship and three months later you got to the place you were accredit
FOX Business
Dec 6, 2012 6:00pm EST
as the president obama wanting the taxes on the rich to go up. he's already done it. there's 1% medicare tax on people who earn over $250,000 a year. gerri: income tax. >> a payroll tax strictly. it's added to the medicare tax that's taken out, makes a small stop in the trust fund, and funds another program that the president likes. this is the problem. the president is not hoonest with us or the american people. he tells you he loves you and wants to take care of you, but the fact of the matter is, he's going to raise your taxes to a level that, in fact, it's going to kill economic activity in the country. how do we know? look what's happening. on your crawl on the television, dividends paid before december 31st, and why? that behavior's driven by changes in the tax code that are existing law. he's counting on people not paying attention to that. it's the holidays, that's right. they are preparing for christmas, but they have to be worried # about the tax code. gerri: a tax revolt. you'll get more of the same if december 31st passing and nobody does anything. i think everybody's right up to
FOX News
Dec 3, 2012 1:00pm PST
is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill clinton because his prosecutor mix of taxes. explain that? >>guest: yes i sure did. but for the raise hikes at top end, he cut taxes on the working people between ages of 65 and 72. he cut taxes on trade and products. he cut government spending as a share g.d.p. dramatically and he cut the capital gains tax rate and butt in welfare reform. what do you want from a president that bill clinton did not deliver? he was a great president. >>neil: the investment taxes was that concurrent with what was going on in the income tax hike front? >>guest: no. it was not. the c
MSNBC
Nov 29, 2012 3:00pm PST
this photo of governor romney and president obama in the oval office. this photo taken the day after their big lunch. through the door, you can see the private dining room where they shared a lunch of turkey chili and southwestern grilled salad and right behind the second-place finisher is the presidential race. you can see the desk that belonged to president kennedy. it's the desk he thought he'd be sitting at. the white house says the lunch was friendly. mr. romney congratulated the president on his victory and wished him well over the next four years. they also talked about america's leadership in the world and promised to stay in touch. before romney went to the white house, he met up for breakfast with his old pal paul ryan. >> mr. romney, how was your meeting with mr. romney today? was it nice to see him? >> good friend. great to be with him. >> always great to see paul ryan. >> sure. always great to see him. and chat about the irony of their getting only 47% of the vote. how fitting. but the fact is, even now many republicans don't get why they were rejected by the american pe
MSNBC
Dec 5, 2012 11:00am PST
increases. it's noted that the democrats have celebrated the proposal put out by president obama. meanwhile, you have a number of republicans slamming speaker boehner. how would you describe his position right now? >> well, he really didn't win for losing. he's trying to say to president obama if i wanted topaz your proposal i can't do it. he's really truly between a deal and promise and getting the fight over with and a conference that won't allow it. i think what senator demint is saying and house republicans are saying to john boehner is, let's go over the cliff. that we can live with the sequester and we absolutely will not raise tax rates no matter what. what that does is eliminate all of the tax cuts and then there's a new fight in january to push obviously by the democrats to restore tax cuts for 98% of americans. and then that will be muddied by the need for a debt ceiling increase and the fight goes in to february. it's government at the brink all the time. we don't know how the markets and the credit rating agencies will react. probably be bad ybut i think that's what you hear con
MSNBC
Nov 30, 2012 3:00am PST
in it. we're used to obama negotiating from a position of compromise first. this is clearly -- >> that's just not true. that's nonsense. >> this is the important part. >> no, that's nonsense. >> this is the important part. >> i've been hearing since the election, oh, the president has to be tougher this time. where was everybody the first two years of his presidency where he shoved his health care plan down republicans' throat? he made sure he got it without a single vote. is that compromise? >> i don't want to get sidetracked -- i could, i guess. with respect to this, though, it seems pretty clear to me that what we're going to end up have happening here is that republicans now will come back and say one of two things. one, rip all the stimulus out of this proposal, and that includes mortgage relief, the $50 billion that you talked about. that includes all the additional spending in there. and then we can start talking. or two, let's get that $1.6 trillion in tax hikes down closer to $800 billion in tax hikes. and either way, boehner gets to go back to his caucus and say, i scored ver
CNN
Nov 29, 2012 2:00am PST
date for mitt romney, going to the white house to meet with president obama. >> making a run for it, a zebra and a pony. those are real pictures. welcome to "early start." this was sent to us yesterday. they said this is a serious and true story. i said no way. it is. john berman is hosting "starting point" at 7:00, it's now 5:00 a.m. in the east. first 33 days until we reach the fiscal cliff and things are heating up on capitol hill. tim geithner, the chief fiscal cliff negotiator will meet with congressional leaders in an effort to get talks moving. there's no time to waste because there may be 33 days to get a deal done, but congress breaks for the holiday. that happens in just 15 days. white house correspondent dan lothian is live from washington this morning. dan, that clock is ticking louder and louder what is the very latest? i hear there are one-on-one meetings happening today. >> that's right. these are the president himself not sitting down and talking with lawmakers, but timothy geithner will be on capitol hill and other senior level members of the administration trying t
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